Hello,
Many thanks for your respond above.
I need more educate on such field due to I can’t get much more topic or knowledge at other way.

I thought Optimus futures also under FCM?
Does you mean, I have to open an account at Optimus, also need to open additional another account as AMP for FCM (Based on the link you provided above)?

Therefore, the open position flow only go Optimus thru AMP(FCM) as clearing ($0.35-$0.25)? Otherwise,
The trade could not be complete, is it?
Or, it can be eliminate those process and done by only Optimus?

Which mean, I just place a trade > Platform > Optimus > Exchange market > Close position.
Please teach me, if I am wrong.
Thank you.

You are very welcome. Glad we could help. Optimus Futures is not an FCM, we are IIB (Introducing independent broker) and gives us the right to place our customers with FCMs our choice. This flexibility as a Futures broker allows us to set the customer where we feel his/her needs are met.

Your orders are routed directly to the exchange. We do not intercept orders. We use DMA (Direct Market Access) where your orders are direct to the exchange.

Hello @AndyHuan we feel that the first diagram was closer to what we think is right. Your second diagram implies that Optimus Futures intercepts orders and that is not correct. We use DMA (Direct Market Access) where the trades go directly to the exchange. However, there is another component where the risk side of the FCM does authorize whether the trade can go through. This is set when you establish an account.
Further, we are not sure what the arrow means from the exchange to the clearinghouse. If you say that your trades are reflected in the account that you carry with the FCM, then this is correct. The trades get executed ONLY on the exchange level. Maybe you come from the FX world where trades could get executed and carried by a broker, but with a regulated futures contract, execution can only happen within an exchange.

Further, there is only ONE fee attached to an FCM clearing and that is set once the account is carried.

We have attached a diagram that demonstrates what we consider to have the right flow of things while keeps things generic.

At this point, we feel that we need to close the thread because our diagram should answer all questions as far as clearing. When you establish the account with Optimus Futures, we assure you that the flow execution, orders, FCMs and IB make become much clearer. We encourage you to ask many questions about the functionalities of the MarketDelta platform. Tihs is why we also built this forum. You can ask about order placement, certain button functionalities, etc.

The opinions expressed in these forums do not represent those of Optimus Futures, and any discussion of profit/loss is not indicative of future performance or success. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service.